Wednesday, April 14, 2021

COINBASE LISTING COULD BOOST BITCOIN PRICES HIGHER

BITCOIN COULD SOON SOAR TO A NEW-ALL TIME HIGH

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Hi Crypto Academy Network,

Popular cryptocurrency exchange Coinbase will list on the Nasdaq on April 14. This is likely to be a major event for the crypto community because it will force traditional investors to take note of the rapid development taking place in the crypto sector.

Several exchange-traded funds are likely to own Coinbase to gain exposure to the crypto sector. A successful listing will attract other crypto exchanges and private entities to go public.

Bitcoin broke above the overhead resistance of £44,238 on April 12 and 13, but the bulls have not been able to sustain the breakout. This suggests that demand dries up at higher levels

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